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The Arkansas Development Finance Authority hosted the Governor’s Conference on Homeownership Feb. 4-5 in Little Rock, and Arvest Bank’s mortgage division was recognized during the awards portion of the two-day event.

Arvest, which also sponsored the conference, won the 2018 ADFA Lender of the Year Award. The award came as a result of Arvest originating the most loans with the ADFA, using its down payment assistance program.

The ADFA’s stated mission is to promote economic growth in the state of Arkansas by providing and supporting financing for affordable housing, agricultural business enterprises, industrial and economic development, capital improvement for state agencies and local governments, higher education funding and related programs, and by promoting better economic policy.

“Arvest Bank respects and appreciates the vital role the ADFA plays in our state,” said Jim Cargill, president and CEO for Arvest in central, southwest and northeast Arkansas. “It’s a group that works really hard to raise the standard of living in Arkansas, and we are proud to work with them when opportunities arise. We are thrilled to be recognized as the 2018 ADFA Lender of the Year, and hope for even bigger and better things in 2019 and beyond.”

The conference included numerous breakout sessions, comments by Arkansas Governor Asa Hutchinson, and a keynote address by Lawrence Yun, chief economist and senior vice president of research at the National Association of REALTORS®.

PHOTO: Arkansas Gov. Asa Hutchinson, far left, and Arkansas Development Finance Authority (ADFA) president Cheryl Schluterman, far right, stand with Arvest Bank associates as they accept the 2018 ADFA Lender of the Year Award in Little Rock earlier this week.

Investment products and services are provided by Arvest Investments, Inc., doing business as Arvest Asset Management, member FINRA/SIPC, an SEC registered investment adviser and a subsidiary of Arvest Bank. Trust services are provided by Arvest Bank. Insurance products are made available through Arvest Insurance, Inc., which is registered as an insurance agency. Insurance products are marketed through Arvest Insurance, Inc., but are underwritten by insurance companies.
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